Santelli: "Stop Spending!"

[Cannon Shell]

Originally Posted by Riot

It takes money to create jobs out of nothing in a stagnant economy with no growth and 10% unemployment.

There will be no jobs created, as this week our government - the GOP primarily - wants zero spending, thus is blocking the jobs bill.

Jobs bills are a band-aid. Sustainable, economy growing jobs arent created by Govt spending. They are created by the private sector that the current govt despises and took shots at for a year and a half now.

Govt spending is like huge free agent contracts for over the hill, ex-stars. At first it sounds like a good idea. Yeah we are going to sign Player X/create some jobs. But a couple of years and a whole lot of money later, the luster has worn off, the star is now a bum (stimulus money runs out/govt jobs created become typical drains because most arent really necessary) and you need to gear up for another round of buying over the hill stars/govt spending. You neglected the farm system (private sector and small business)that grows players a lot more cost effectively so you need to spend, spend, and spend. And just like for baseball teams, it doesnt work and eventually becomes unsustainable.

If not now then when?

[hi_im_god]

Originally Posted by Cannon Shell

Jobs bills are a band-aid. Sustainable, economy growing jobs arent created by Govt spending. They are created by the private sector that the current govt despises and took shots at for a year and a half now.

Govt spending is like huge free agent contracts for over the hill, ex-stars. At first it sounds like a good idea. Yeah we are going to sign Player X/create some jobs. But a couple of years and a whole lot of money later, the luster has worn off, the star is now a bum (stimulus money runs out/govt jobs created become typical drains because most arent really necessary) and you need to gear up for another round of buying over the hill stars/govt spending. You neglected the farm system (private sector and small business)that grows players a lot more cost effectively so you need to spend, spend, and spend. And just like for baseball teams, it doesnt work and eventually becomes unsustainable.

If not now then when?

how about when the private sector is actually creating jobs?

I'm not sure how you avoid a death spiral of job losses followed by reduced consumer spending followed by more job lossess followed by more reduced consumer spending if no one is priming the pump.

we certainly want private sector job creation. and as soon as that's happening, i'm all for ending the stimulus. but this argument reminds me of the great derby trail inflation scare of 2008. you're still worried about the wrong thing.

the primary challange of this economy is getting people to spend money. it's not going to happen without continued government stimulus.

[Cannon Shell]

Originally Posted by hi_im_god

how about when the private sector is actually creating jobs?

I'm not sure how you avoid a death spiral of job losses followed by reduced consumer spending followed by more job lossess followed by more reduced consumer spending if no one is priming the pump.

we certainly want private sector job creation. and as soon as that's happening, i'm all for ending the stimulus. but this argument reminds me of the great derby trail inflation scare of 2008. you're still worried about the wrong thing.

the primary challange of this economy is getting people to spend money. it's not going to happen without continued government stimulus.

I wasnt aware that the govt was giving people money to spend. Where do I sign up?

Do we really have to rehash the topic that the 1st stimulus contained very little stimulus which has a lot to do why it didnt do the trick?

[witchdoctor]

http://www.foxbusiness.com/personal-...id=partner_aol

[hi_im_god]

Originally Posted by Cannon Shell

I wasnt aware that the govt was giving people money to spend. Where do I sign up?

Do we really have to rehash the topic that the 1st stimulus contained very little stimulus which has a lot to do why it didnt do the trick?

your local unemployement office for one. those benefits are probably one of the best stimulus programs since virtually all the money provided individual's is spent. you might also want to try construction which continues to benefit from spending on infrastructure.

[Cannon Shell]

Originally Posted by hi_im_god

your local unemployement office for one. those benefits are probably one of the best stimulus programs since virtually all the money provided individual's is spent. you might also want to try construction which continues to benefit from spending on infrastructure.

yeah ok Nancy Pelosi. Unemployment benefits as stimulus. Yeah people buying food and paying rent is a real job creating machine.